Durability + Design
Follow us on Twitter Follow us on LinkedIn Like us on Facebook Follow us on Instagram Visit the TPC Store
Search the site

 

D+D News

Main News Page


Sika Inks Deal with L.M. Scofield

Thursday, April 7, 2016

More items for Decorative Finishes

Comment | More

Specialty chemical company Sika Corp. has acquired L. M. Scofield, a 100-year-old North American producer of color additives and decorative products for concrete.

Terms of the transaction, jointly announced April 1, were not disclosed.

Based in Los Angeles, with additional production facilities in Atlanta, L.M. Scofield offers a comprehensive range of color products to serve customers in the fast-growing decorative concrete market of North America.

The company generated sales of CHF 17 million ($17.8 million) in 2015.

scofield
L.M. Scofield / Capitol Decorative Concrete

L.M. Scofield produces color additives and decorative products for concrete. The company recently honored nearly a dozen project teams in its annual Decorative Concrete Awards program. Capitol Decorative Concrete's project (shown above) in the Charleston Marina Resort in Charleston, SC, was among the 2015 winners.

Established in 1915 by Lynn Mason Scofield, an engineer and inventor in Chicago, the brand has established itself as a leader in concrete color additives for ready-mix concrete and decorative products and treatments for concrete refurbishment.

‘A Perfect Fit’

In announcing the acquisition, Sika said the deal represents a perfect fit with its growth strategy.

“The acquisition of L.M. Scofield further accelerates our growth strategy for North America,” said Christoph Ganz, regional manager North America, Sika. “It provides us with a proven, industry leader, and a number one brand position in colors for new concrete and refurbishment.”

“We proudly welcome L.M. Scofield’s employees to the Sika team and are excited about growing our business together,” he said.

Over the past two years, Sika says it has expanded its production footprint for mortars and admixtures with four new plants—in Denver, Atlanta, Philadelphia and Vancouver, bringing its total number of manufacturing facilities in North America to 18.

In addition, Sika also acquired the mortar company BMI, in 2015, to complete the supply chain in the dynamic Californian market, the company said.

Sika Corp., based in Lyndhurst, NJ, is the largest company of the Sika Group, a global leader in specialty chemicals for construction, industrial and automotive markets.

   

Tagged categories: Acquisitions; Additives; Aesthetics; Business matters; Coating chemistry; Concrete coatings and treatments; Concrete floor coatings; Decorative concrete; L.M. Scofield; Sika; Stains

Comment Join the Conversation:

Sign in to our community to add your comments.

Advertisements
 
Shield Industries, Inc
 
FireGuard® E-84 Intumescent Coating - Shield Industries, Inc
 
Trust the certified protection of the industry’s most innovative intumescent coating FireGuard® E-84 to provide you with the 1 and 2 hour fire ratings you need.
 

 
Keim Mineral Coatings
 
Mineral Silicate Paints + Stains Fuse to Concrete
 
• Forms permanent chemical bonds
• Becomes part of the concrete
• Will never peel
• Looks completely natural
 

 
Novatek Corporation
 
Novatek Portable Air Filtration Systems
 
Air Scrubbers/Negative Air machines for restoration, abatement, dust & odor control, hazardous contaminant removal from job sites to clean rooms and hospitals. Portable, affordable!
 

 
 
 

Technology Publishing Co., 1501 Reedsdale Street, Suite 2008, Pittsburgh, PA 15233

TEL 1-412-431-8300  • FAX  1-412-431-5428  •  EMAIL webmaster@durabilityanddesign.com


The Technology Publishing Network

Durability + Design PaintSquare the Journal of Protective Coatings & Linings Paint BidTracker

 

© Copyright 2012-2018, Technology Publishing Co., All rights reserved